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geo.stewart @ Mar 4th 2008 8:02AM
read the article re: k's statement to 'just increase production'.
1) The US uses a completely different technology that is biased towards gasoline production rather than a balanced mix. You would have to refit all of the refineries, another cost that would get passed on to us the customer
2) There hasnt been a refinery added in the US since 1979.....
still uses the same barrel of oil so if its not cheaper to use, if the cost per mile is the same or greater, whats the point? why subsidize?